Dogecoin Price Predictions: How High Can XPayments Take DOGE?
By [Author Name]
Publication Date: January 22, 2024, 10:59 am EST
Dogecoin (DOGE) price predictions are a hot topic on Monday as fans of the meme token pin hopes on the new XPayments account on X, the social media platform formerly known as Twitter.
The launch of this account saw it quickly gain more than 100,000 followers. Considering the official stamp on the account, this appears to be dedicated to a payment system that X owner Elon Musk has talked about in the past.
Dogecoin fans are hoping that this payment account is a good sign for the crypto. Musk is a vocal fan of Dogecoin and his actions often affect the token’s price. If this new account does somehow benefit DOGE, it could cause the price of the token to swell.
With that in mind, let’s get into the latest price predictions for Dogecoin below!
Dogecoin Price Predictions
Our price predictions start with a 2024 average estimate of $0.0921 from Coinpedia.
DigitalCoinPrice is next on our list with an average 2024 estimate of 17 cents per share.
Closing out our price estimates for DOGE is Techopedia with an average 2023 estimate of $0.1161.
Investors will note that the current price of DOGE is roughly $0.0834 per token. It also bears mentioning that the crypto is down 5.7% over the prior 24-hour trading period.
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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Analyst comment
Neutral news.
As an analyst, the launch of the XPayments account on X, the social media platform, could potentially benefit Dogecoin if it leads to increased adoption and usage of the cryptocurrency. However, the article does not provide enough information to make a definitive prediction on the future market movement of Dogecoin.
